It takes a conscious effort.I guess what I'm saying is it isn't a sell all or keep slogging question, but hitting double commas is a great time to review. 

A home inspector should be part of your due diligence as well but their job is to identify structural issues like the roof, the foundation, the presence of things like mold or termites, environmental issues etc. 

Don't like the environmental laws, rather than protest, go to work where they have influence.

The New Year always rings in with the soothsayers and fortunetellers of the market invading our consciousness with their predictions for the future.

I believe that I can rehab this place for 30K.If I’m right, I can flip it for 35K profit, or buy and hold for an ultimate cash on cash between 10 and 15 cap.What are the environmental risks involved with railroad sidetracks (I’m thinking repair and refueling, possibly herbicides or cargo)?

There is probaby something you are overlooking...environmental waste issues with the property...city plans to take the house under eminent domain...something.

Certainly will need sufficient staff to help him understand the problem so that possible solutions can be modeled and an environmental impact study can be performed.

In addition to the deposit, I have spent ~$20,000 to acquire the property including inspections, phase 1 environmental, bank fees, attorney fees, etc.

Have you completed an environmental around the property??

Additional items required at this stage include a project description including amenities, preliminary site, building and unit plans; rough, estimated project costs; and environmental reports.